Brisbane’s latest price cycle lagged significantly behind the other east coast capitals, but it has now come to bear with significant effect. The current average price is approx.10cpl higher than the nearest comparison (Adelaide) and could be up or around this level for quite a while yet. Other capital city price cycles (except for Adelaide) have been very slow to enter their discount phases lately.


Current ULP average: 205.9cpl

Price range over the last week: 166.5cpl – 219.9cpl

Brisbane prices rose significantly during the week as more retailers put their prices up. This should effectively be the peak now and we can expect the average to begin falling from now on. This is by far the highest priced capital right now.


Current ULP average: 191.1cpl

Price range over the last week: 169.9cpl – 211.9cpl

Sydney’s average dropped by approx. 4.5cpl over the week. The speed of the discount cycle here has potentially been slowed up by rising wholesale prices.


Current ULP average: 193.9cpl

Price range over the last week: 168.9cpl – 209.9cpl

Melbourne’s prices have started to fall now, but very slowly.


Current ULP average: 195.6cpl

Price range over the last week: 164.5cpl – 213.5cpl

Adelaide is well and truly seeing a new price cycle with the new peak price of 208.9cpl the predominant price across the city for unleaded 91.


Current ULP average: 180.5cpl

Price range over the last week: 164.7cpl – 209.9cpl

Perth’s average prices for unleaded 91 are up approx. 4cpl vs last week. This is expected due to recent increases in wholesale prices. We can expect to see the new peak price on Wednesday to exceed 210cpl.


Current ULP average: 182.4cpl

Price range over the last week: 173.5cpl – 184.9cpl

Approx. 3cpl average increase for Darwin during the week.


Current ULP average: 192.7cpl

Price range over the last week: 182.9cpl – 198.1cpl

Very similar to Darwin, Hobart prices were up by around 3cpl.


Retail diesel prices

Current Diesel averages:

ACT – 204.0cpl

Adelaide – 188.3cpl

Brisbane – 197.2cpl

Darwin – 209.3cpl

Hobart – 206.8cpl

Melbourne – 197.0cpl

Perth – 188.3cpl

Sydney – 197.9cpl

Some very minor decreases across some of the capitals over the past week. This is despite some wholesale price increases.

Wholesale trends

Wholesale petrol prices increased this week with average TGP prices going up by 2.8cpl.

Wholesale diesel prices increased this week with average TGP prices going up by 0.6cpl.

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Information is based on average price trends up to 10 am AEDT on 4 April 2023. The predictions are based on past fuel price trends and estimated forecasts, and should not be taken as a guarantee of actual or future performance. Fuel price data is aggregated from state government price reporting schemes and from WEX Australia fuel card transactions. Please note: Hobart and Darwin do not experience price cycles.


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